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During 2025 , Novak Furniture Company purchaier a carloud of wicker chals. The manufacturer sells the chairs to Nowak for a lump zum of $179590
During 2025 , Novak Furniture Company purchaier a carloud of wicker chals. The manufacturer sells the chairs to Nowak for a lump zum of $179590 because it ls discontinuing marufacturing operations and wishes to dispose of its entire stock. Three bpes of chairs are included in the carload The three trpet and the estinated sellige price for each are listed below. Durine 2025. Novakvelis s00 lounge chairs, 300 armchairs and 360 straight chain (a) decimal plicen es. 5, 945) Gross profit realized during 2025 eretbook and Media Atteinptw 1 of Jiced (b) What is the a moynt of inveritory of unsold straight dulni an December 31.200 s? Maind catt per char to 2 dhairul ploces es. Arocuit ef invet ory of unaold wra cht chais 5
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